India, March 16 -- Kharg Island, a small coral island in the Persian Gulf, handles around 90% of Iran's crude oil exports.

Despite US and Israeli strikes on other infrastructure, the terminal has not been targeted so far.

Analysts warn that hitting the facility could push global oil prices as high as $150 a barrel.

Such a shock could trigger inflation and undermine claims that the war will not hurt the global economy.

As the United States and Israel's assault on Iran grinds on, the Trump administration has issued increasingly bellicose claims that American and Israeli forces are delivering ferocious blows to the Iranian regime.

The US secretary of defense, Pete Hegseth, warned of the "most intense" day of strikes yet on March 10. And...